In his weekly blog this week the director of the Nevin Economic Research Institute (NERI), Tom Healy, said that the issue of wages is noticeably absent from the public discourse, despite their critical importance to economic recovery and medium-term social development.

Healy observes that real wages continue to fall and are down 11.5% from 2009 to 2014. There’s an even greater fall - of over 20% -  in ‘living standards’ as measured by average disposable household income between 2008 to 2014.

The full blog is available on the NERI website: The Wages Elephant is in the Domestic Parlour